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GM’s Tesla NACS support spells trouble for Electrify America [Opinion]

Teslarati

In comparison, Electrify America has 3,503 fast chargers and 116 Level 2 chargers in the United States. General Motors and Ford hold a significant market share of the United States auto industry. Global policies, market, and investor trends all point to BEVs as a mainstay in the global auto industry.

America 145
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How and When the Chip Shortage Will End, in 4 Charts

Cars That Think

One looming artifact of the pandemic that remains in 2023—the global chip shortage —has gratefully begun to recede. As Spectrum reported in the months since this story originally posted, the broken supply chains caused by the chip shortage have practically rewired whole segments of the tech industry.

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BYD launches lower-priced version of its Tesla Model 3 rival electric sedan, starting at $25K

Baua Electric

Global EV leader BYD launched a new version of its Seal electric sedan Monday, with starting prices around $25,000 (179,800 yuan). In comparison, the Tesla Model 3 starts at 245,900 yuan ($34,100). It’s one of the few global all-electric sedans. Automakers from all corners of the world have taken note of BYD’s new EV.

BYD 52
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Tesla to boost spending for Giga Texas and Berlin ramp

Teslarati

. “Our capital expenditures are typically difficult to project beyond the short-term given the number and breadth of our core projects at any given time, and may further be impacted by uncertainties in future global market conditions,” Tesla said in the filing. Today, Model 3 is one of the 10 best selling cars globally.

Texas 99
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Europe’s biggest EV market is about to hit a perfect storm of problems

Baua Electric

According to VDA estimates, the global market should see a 2% growth to 77.4 It forecasts the global market to grow by 2% to 77.4 For comparison, the US produced 1.1 million EVs last year, according to data from VDA and S&P Global Mobility. million cars, compared to the 78.8 pre-pandemic. million cars.

Market 52
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IHS: average age of vehicles on the road in US steady at 11.4 years; scrappage rate declining

Green Car Congress

—Mark Seng, director, aftermarket solutions and global aftermarket practice leader at IHS Automotive. In comparison, a record high of more than 14 million vehicles were scrapped in 2012. This while VIO is up 1.5%, a rate the auto industry hasn’t seen in the US since 2004-2005. years through 2015, then rise to 11.5

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Tesla analysts still confident in TSLA despite Giga Shanghai shutdown and supply chain challenges

Teslarati

So Tesla deliveries have increased by about 60% compared to Q1 2021 — although it may not be a fair comparison since Model S and Model X production was paused at the time. Rosner also pointed out that Tesla’s year-over-year growth was notable, given that the global auto industry is down on a year-over-year basis.

Supplies 121